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plexus-gets-order-from-bg-group-worth-1-3m
plexus-gets-order-from-bg-group-worth-1-3m

Plexus gets order from BG Group worth £1.3m

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Plexus Holdings PLC, the oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has announced a new order worth £1.3 million from BG International Ltd.

BG International, a wholly owned subsidiary of BG Group plc, has asked Plexus to supply its 20,000 psi extreme high pressure and high temperature (‘X-HP/HT’) POS-GRIP wellhead technology for gas exploration drilling operations in the North Sea.

Revenues from the contract are expected to commence in November 2012. 

This order follows on from a five year framework agreement signed between the two companies in 2006 which saw Plexus develop and supply BG International with 20,000 psi X-HP/HT POS-GRIP wellhead technology.

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